Rivian Automotive, Inc RIVN Stock Price, Quote & News

what is rivian stock price

To watch more expert insights and analysis on the latest market action, check out more Market Domination here. For Rivian Automotive, the consensus sales estimate for the current quarter of $1.32 billion indicates a year-over-year change of +0.6%. For the current and next fiscal years, $4.56 billion and $5.2 billion estimates indicate +2.8% and +14.1% changes, respectively. While earnings growth is arguably the most superior indicator of a company’s financial health, nothing happens as such if a business isn’t able to grow its revenues.

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  • Provides a general description of the business conducted by this company.
  • Rivian finished last year having delivered 51,579 electric SUVs, trucks, and vans, more than triple the number it shipped to customers in 2023.
  • The company is planning to launch at least 2500 stations nationwide.
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The company designs, develops, manufactures, and sells electric adventure vehicles and accessories through direct sales to consumers and commercial markets. The company vehicles are designed for sustainability and long lifespans across all components with repairability and reusability key to the end result. That includes engineering specifications such as easily removable batteries and batteries that can be easily recycled or repurposed into stationary power packs when their EV lifespan is spent. On Friday, the electric vehicle startup reported 14,183 vehicle deliveries for the December quarter. Newly inaugurated president, Donald Trump, vowed to remove an EPA rule requiring automakers to eventually sell all battery electric vehicles to avoid emission fines. Rivian Automotive, Inc. engages in the design, development, and manufacture of category-defining electric vehicles and accessories.

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In regard to its capabilities, the truck can go from ‎reminiscences of a stock operator on apple books 0 to 60 in 3 seconds, tow up to 11,000 pounds, and wade through 3 feet of water with no problems. Electric-vehicle maker Rivian plans to launch its advanced hands-free driver assistance systems in 2025 and its “eyes-off” systems in 2026, CEO RJ Scaringe said on Thursday.

Managers and Directors: Rivian Automotive, Inc.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors’ interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

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Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future. Furthermore, Trump’s challenge to California’s zero-emission vehicle mandates—adopted by 11 other states—introduces additional uncertainty for Rivian, whose sales could suffer in markets where emissions rules drive EV adoption. The policy shift freezes unspent funds from a $5 billion EV charging infrastructure program and signals a reassessment of emissions regulations requiring automakers to sell up to 56% EVs by 2032 to meet federal standards. Rivian shares rallied Friday to one of their best days ever, continuing a strong stretch for the Tesla rival following the election and bucking conventional wisdom about what President-elect Donald Tr… MoneyShow presents top investment ideas for 2025 from their contributors.

In a recently published interview with Business Insider, Scaringe acknowledged that Rivian is facing increased uncertainty now that Trump has returned to the White House. On the other hand, the CEO said he wasn’t overly worried about the potential removal of EV subsidies and said there were ways that Rivian could adapt to shifting conditions. Of particular note, he said that the removal of tax subsidies could cause his company to offer vehicles at lower price points. According to 22 analysts, the average rating for RIVN stock is “Buy.” The 12-month stock price forecast is $15.33, which is an increase of 20.05% from the latest price.

what is rivian stock price

The electric vehicle (EV) industry continues to heat up as two of its marquee players, Tesla Inc. Rivian (RIVN) is trading lower after President Trump said he plans to revoke former President Biden’s executive order to sell more EVs. Kevin Hincks offers an example options trade in Rivian with the … Rivian Automotive (RIVN Quick QuoteRIVN – Free Report) has recently been on Zacks.com’s list of the most searched stocks.

Rivian Automotive Stock Analysis – MarketRank™

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The Rivian R1S began production in 2022 and began deliveries later that year. The R1S comes with a 260 to 320-mile range and can also wade through 3 feet of water. The R1S also boasts the ability to rock crawl up a 100% incline or 45-degree slope. The R1T comes with 8 different drive modes geared for offroading, city adventures, and everything in between. Among the choices is the “Drift” mode which proactively distributes power to offset traction control and at fortrade commodities are how we roll increase the “fun” factor. The vehicle comes with a 240 to 400-mile range depending on the battery and motor combination and individual driving styles.

  • Tesla’s market share is declining due to competitive pressures, with deliveries and production falling short of expectations, leading to a significant drop in stock price.
  • For the current and next fiscal years, $4.56 billion and $5.2 billion estimates indicate +2.8% and +14.1% changes, respectively.
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  • In regard to its capabilities, the truck can go from 0 to 60 in 3 seconds, tow up to 11,000 pounds, and wade through 3 feet of water with no problems.
  • A joint venture between U.S. electric pickup and SUV maker Rivian and Volkswagen is in talks with other automakers about supplying their software and electrical architecture, a senior Rivian executive…

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about. In the case of Rivian Automotive, which is trading at $13.29 as of publishing time, $100 would buy you 7.52 shares of stock. Rivian’s valuation is climbing higher following recent comments made by CEO RJ Scaringe about the company’s strategy and outlook under the new Trump administration. The Barchart Technical Opinion rating is a 8% Buy with a Weakest short term outlook on maintaining the current direction. Rivian stock price could be on the verge of a multi-year bull run ahead of the R2 launch later this year. RIVN shares surged by over 24% on Friday, moving to a high of $16.50, its highest swing since …

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Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Rivian Automotive scored higher than 50% of companies evaluated by MarketBeat, and ranked 51st out of 88 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

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